Pakistan and El Salvador – a Country in Central America – have officially established ties rooted in cryptocurrency cooperation, moving beyond traditional diplomatic frameworks to explore blockchain, education, and fintech collaboration.
Chief Executive of the Pakistan Crypto Council and Advisor to the Prime Minister, Bilal bin Saqib, met with El Salvador’s President to formalize the partnership through a Memorandum of Understanding (MoU).
Speaking in an interview after the meeting, Bilal bin Saqib emphasized that the agreement primarily focuses on enhancing educational and informational exchanges related to cryptocurrency and blockchain technology.
“This cooperation is significant because it extends beyond the bounds of conventional diplomacy,” Saqib said. “It aims to build a knowledge-sharing bridge in crypto innovation and regulation.”
El Salvador made headlines in 2021 by becoming the first country to adopt Bitcoin as legal tender, and now seeks similar alliances with countries like Pakistan to advance crypto-driven development.
The MoU includes plans for joint educational initiatives, policy research, and technological development aimed at boosting understanding of digital currencies in both nations.
This unique partnership is expected to open up new avenues in fintech diplomacy, potentially shaping how Pakistan approaches digital finance and blockchain regulation in the future.
